Cryptocurrency exchange Huobi announced that they will produce this week listing four is tied to the dollar digital coins: TrueUSD, USD Coin, Gemini USD and Paxos.
The fourth in the world in trading volume of the cryptocurrency exchange Huobi has announced the addition of support stabilio TUSD, USDC, GUSD and PAX. Listing tokens held October 19.
Huobi is also currently fourth in the world on volume of trade token Tether (USDT) — $231 million in the last 24 hours. Press Secretary Huobi noted that support the exchange of token USDT will continue as before.
“Tether is one of the largest and most popular stabilio on the market and, undoubtedly, others stabilium will take some time to begin to compete with USDT. Therefore, we in any case do not plan to restrict the sale, Deposit or withdrawal with the use of the Tether. However, in the interests of providing users with more choices, we will produce a listing of a number of new stabilio”.
The exchange added that, since the total market capitalization stabilio is still relatively small and not suitable for doing large-scale trade, Huobi is looking for institutional investors and OTC traders to register as market makers.
Yesterday stablly Tether (USDT) has experienced a sharp drop in price, reaching $0.86, causing concern in the community about the beginning of the collapse of the digital alternative to the dollar. Later, the company Tether has published a statement in which it stressed once again that each USDT-token-secured United States dollar. At the moment the exchange rate USDT is $0,97.
We will remind, on October 15 OKEx stock exchange announced the listing of four stabilio: TrueUSD (TUSD), USD Coin (USDC), Gemini Dollar (GUSD), and Paxos Standard Token (PAX), and today on adding support Gemini and Circle USD Dollars Coin announced BitPay processing.